Bithumb to list Canton in KRW market as CC momentum stays weak

South Korea has seen cryptocurrency-based overseas remittances climb 380% in the past three years, outpacing growth in traditional bank transfers as financial institutions increase their focus on blockchain-powered payment services. According to a SBS Biz report, remittances processed through South…

South Korea’s second-largest exchange has listed Canton Coin in its KRW market, opening the Goldman-backed, DTCC-integrated blockchain to retail investors ahead of the 14:00 KST trading start on June 23.

Deft and Rascal's analyst roles could enhance South Korea's esports strategy, potentially leading to military exemptions for future players. The post KeSPA names Deft and Rascal as analysts for South Korea’s Asian Games squad appeared first on Crypto Briefing.

South Korea’s Toss Bank has signed a memorandum of understanding with the Solana Foundation to test blockchain-based remittance and settlement infrastructure. A First for a Korean Internet Bank Toss Bank, South Korea’s third-largest internet-only bank, said it signed the agreement in Seoul on June 19 and called it the “first direct strategic cooperation agreement between […]

South Korea seeks Travel Rule coverage for smaller crypto transfers globally. FIU targets AML loopholes created by transaction splitting and smurfing. New rules will require exchanges to monitor and share more transfer data. South Korea is moving to strengthen cryptocurrency transaction monitoring by expanding Travel Rule requirements to smaller transfers. The proposal aims to close […] The post South Korea Tightens Crypto Travel Rule to Track Smaller Transfers appeared first on Live Bitcoin News.

Toss Bank will test Solana-based stablecoin transfers for faster remittances. The pilot explores lower-cost settlement solutions for cross-border payments. South Korea’s evolving crypto rules could support wider blockchain adoption.  South Korea’s Toss Bank has partnered with the Solana Foundation to test blockchain-based remittance and settlement infrastructure. The initiative will focus on evaluating whether stablecoins and […] The post Solana Lands Major Bank Deal as Toss Tests Global Payments Network appeared first on Live Bitcoin News.

SK Hynix's rise highlights the transformative impact of AI demand on market dynamics, challenging established tech giants and reshaping industry leadership. The post SK Hynix overtakes Samsung as South Korea’s most valuable company appeared first on Crypto Briefing.

Lowering the Travel Rule threshold could increase compliance costs for exchanges and add friction to small crypto transfers globally. The post South Korea’s FIU pushes for Travel Rule expansion on smaller crypto transfers appeared first on Crypto Briefing.